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critical peak pricing intervention reduces electricity consumption by 14%. Using unique high frequency appliance-level data, we …
Persistent link: https://www.econbiz.de/10012104620
We examine the role of information transparency in Alberta's wholesale electricity market. Using data on firms' bidding …
Persistent link: https://www.econbiz.de/10012924700
Empirical evidence on households' awareness of electricity prices and potentially divergent demand responses to price …, finding that only those households that are informed about prices are sensitive to price changes, whereas the electricity … demand of uninformed households is entirely price-inelastic. Based on these results, to curb the electricity consumption of …
Persistent link: https://www.econbiz.de/10012916541
Research on electricity futures markets has to date not explored the role that market liquidity may play in determining … risk premia. Further, no detailed empirical examination of both liquidity and risk premia in the New Zealand electricity …
Persistent link: https://www.econbiz.de/10012977446
Reducing household electricity consumption is of central relevance to climate policy given the share of 12.2% of the …), this paper estimates the contribution of individual appliances to household electricity demand using the conditional demand … to the conditional distribution of household electricity consumption. This heterogeneity indicates that there are quite …
Persistent link: https://www.econbiz.de/10013014054
pricing of electricity in real time, particularly in hydro systems in Latin America. Audited costs are also substituted for …
Persistent link: https://www.econbiz.de/10012955581
The purpose of the present paper is to explore the existing literature on auctions in the energy markets, and to investigate whether the most recent developments in the auction literature can help us to identify issues related with market power, collusion, efficiency and consumer welfare, all of...
Persistent link: https://www.econbiz.de/10013043635
We analyze the effects of electricity market mergers in an environment where firms endogenously choose their level of … forward contracts prior to competing in the wholesale market. We apply our model to Alberta's wholesale electricity market … in consumer surplus. Current market screening procedures used to analyze electricity mergers consider firms' preexisting …
Persistent link: https://www.econbiz.de/10012986998
We analyse how the market design influences the bidding behavior in multi-unit auctions, such as wholesale electricity …
Persistent link: https://www.econbiz.de/10012996150
Analysis of market power in electricity markets is relevant for understanding the competitive development of the …
Persistent link: https://www.econbiz.de/10013050716